Apple recently said that it would issue a rubber bumper for free to all iPhone 4 customers and refund the purchase of those who had bought it already. Still, with 8.4 million iPhones sold during the third quarter and total revenue of $15.7 billion with a net profit of $3.25 billion, the $175 million in free cases is a drop in the bucket.

It was a phenomenal quarter that exceeded our expectations all around, including the most successful product launch in Apple’s history with iPhone 4, said Steve Jobs, Apple s CEO. iPad is off to a terrific start, more people are buying Macs than ever before, and we have amazing new products still to come this year.

Source: Forbes